3846-3848 Rio Grande Boulevard NW Albuquerque, NM $ 600,000
3846-3848 Rio Grande Boulevard NW
$ 600,000
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3846-3848 Rio Grande Boulevard NW

Albuquerque, NM, 87107
$ 600,000
Bedrooms-- Baths-- Sq 3,037
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Property for Rent in Albuquerque, NM

for $600,000. This 3,037 square foot property was built in 1961 on a lot size of 0.21.

Corner visibility, North Valley appeal and in-place income meet at Rio Grande Boulevard and Griegos Road, near the Rio Grande Shops at Flying Star Plaza. Two buildings with five suites offer investment and future owner-user possibilities. Three suites in 3846 are leased through 2027; two vacant suites in 3848 offer immediate lease-up opportunities. After the applicable lease expires, Suite A in 3846 could serve as a 2-bedroom/1-bath residence with a full kitchen, dining and living room. With modifications to connect Suite B internally, the residence could expand to 3 bedrooms/2 baths with a second living or work space, subject to required approvals. Pursue a five-suite rental investment or plan for future residential occupancy while retaining income. The prominent corner lot offers exposure along two established roads near shopping and dining. MX-M mixed-use zoning supports a range of potential uses, subject to applicable requirements and approvals.

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Rental Active

Price

$ 600,000

Taxes

$ 0

Style

Lot Size

0.21

Year Built

1961

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

202604537

Features
General
Sewer Public Sewer
Utilities Electricity Available
Possession Closing & Funding
Construction Materials Frame Other
Year Built 1961
Tenant Pays Internet Other See Remarks
Property Subtype Retail
Current Use Retail
Business Type Live/Work Mixed Professional/Office Retail
County Bernalillo
Property Type Commercial Sale
Possible Use Live/Work Mixed Use Office Retail
Garage Y/N false
Building Features Kitchen Facilities Public Restrooms Storefront
Special Listing Conditions Standard
Status Active
Directions Property is located on the SE corner of Rio Grande Blvd NW and Griegos Rd NW and includes all units in 3846 and 3848
City Albuquerque
Disclosures Lead Based Paint Disclosure
Zoning Description MX-M
Lot Size Units Acres
Lot Size Square Feet 9147.6
Listing Terms Cash Conventional New Loan
Land Lease Y/N false
MLS Area Minor 18-Bernalillo Cnty
Lease Considered Y/N false
Virtual Tour https://my.matterport.com/show/?m=jEBGBUj8ZpA https://my.matterport.com/show/?m=jEBGBUj8ZpA
Building Area Units Square Feet
Lease Type Modified Gross
Standard Status Active
Year Built Source Public Records
Property Sub Type Additional Mixed Use
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Interior
Flooring Tile Vinyl
Basement (Y/N) false
Fireplace Y/N false
Total Baths 0
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Exterior
Parking Features Paved Parking Lot
Water Source Public
Total Parking 11
Lot Size Area 0.21
Foundation Details Basement
Building Area Total 3037
Lot Size Acres 0.21
Lot Size Source Public Records
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* Excluded Features
List By
Lisa Godin

Listing Agent

Keller Williams Realty

Broker

lisa@lisagodin.com

Email

Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/22/2026$600,000 Listed Price

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3846-3848 Rio Grande Boulevard NW, Albuquerque, NM, 87107 is a Property for Rent at $600,000 with 3,037 sqft and a lot size of 0.21. 3846-3848 Rio Grande Boulevard NW was built in 1961. The property's zip code is 87107 which is in Albuquerque, NM